Introduction
Shanghai Guoxuan New Energy Co., Ltd is a leading company in the electric vehicle battery industry in China. Founded in 2006, the company is headquartered in Shanghai, and it specializes in manufacturing and distributing high-quality batteries used in electric vehicles. In this segment, we take a closer look at Shanghai Guoxuan New Energy Co., Ltd.Achievements
Over the years, Shanghai Guoxuan New Energy has achieved milestones through its relentless pursuit of excellence. In 2017, the company's first high-energy-density LFP battery system passed the national-level safety test for power battery systems, making Shanghai Guoxuan New Energy the first domestic manufacturer to obtain this credential. Similarly, in 2019, the company became the first OEM (Original Equipment Manufacturer) to deploy solid-state batteries in electric vehicles. Today, the company has more than 2,000 core technology patents, which has become the backbone of its present and future success. Additionally, the company has won several prestigious awards such as the \"Excellent Supplier Award\" and the \"Supplier of the Year Award\" from leading automakers, including Geely, Dongfeng, and Volkswagen.Future Prospects
As the market for electric vehicles continues to grow at a breakneck pace, Shanghai Guoxuan New Energy is strategically positioned to leverage this opportunity. In 2020, the company announced a massive $444 million investment project to expand its lithium-ion battery production capacity from 8 GWh to 28 GWh in the coming years. Also, the company is investing heavily in solid-state battery technology, which is expected to revolutionize the electric vehicle industry. Shanghai Guoxuan New Energy has already formed a strategic partnership with Nio, one of China's leading premium electric vehicle manufacturers, to produce solid-state battery packs for its next-generation electric vehicles. Furthermore, the company is actively pursuing the development of other advanced battery technologies such as lithium-sulfur and lithium-air to meet the increasing demand for high-energy-density, long-lasting batteries. In conclusion, Shanghai Guoxuan New Energy Co., Ltd has made significant strides in the electric vehicle battery industry through its unwavering commitment to quality and technological innovation. The company's ambitious plans to develop advanced battery technologies, expand its production capacity and strategic partnerships with leading electric vehicle manufacturers, make it a pivotal player in the industry's future growth.